If you're thinking about buying a franchise, you'll want to watch this video. Today we talk to John Usher, who is a former owner of nine McDonald's franchises, now a franchise attorney. He's going to share with us some key tips that every potential franchisee should know before taking the leap into owning their own business. So, whether you're just starting to do your research or you're already in the process of buying a franchise, be sure to watch the full video!
Visit Usher Law Firm Website: https://www.usherlawfirm.com/
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00:00 Introduction
01:16 John Usher´s Franchise History
03:01 Q&A – When you started how many stores were you operating?
06:39 Q&A – Are your clients looking to go into business for the first time and open a single franchise location, or are they looking to open multiple locations?
19:53 Franchise Lawsuits
25:18 Business Analysis and Pro forma
26:01 Understanding Your Value as a Franchisee
29:52 Franchise Disclosure Document
34:58 Q&A – If there was a single data point or item that a prospective franchisee should focus on what would that be?
38:20 Conclusion
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